HomeMy WebLinkAbout2050 a~id shall perJor~i, i•omply u~ilh and a6ide by each and e~~ery fhe agreements, slipulationi, condilions nnd
crvenanls thPre~oJ, and oJ fhis mortgnge, lf~en Ihis mwt~ape a~d the estale hereby creafa~. shnl~ cease, de-
lermine an~ nul~ an~~ i~oic~.
~n~ ItiP m~~rfga~ur ~~~retiy ~urf~ier covenants aner agree~ to pay prompl~y u~hen clue the principal and
interrs! anc~ ol~~er sums of mon~y provi~Je~ (or in saicl note nnd this mo~tgage, or eifhe~; fo pay a~~ and
sin~ular the tnxps, ~ssessmenfs, levies, lia6ilitips, obli~alions, and encum6mnces oJ every nalure on said pro-
perly; fo permil, commil or suJjer no wasfP, impai?ment or ~eferiornlion o~ snid Iand o~ f~e improvemenls
IhP?~n at ~ny lim~; to kepp Ihe buildin~s now or hemajt~r on Spl~ I(1?1~1 Jully insured in a sum o( not less
~?~an FORTY-FOUR THOUSAND FIVS HU1~I2F~ Ai~ID NO/100------------------ -
in a comp~ny or rompunies accepfable to Ihp morlgagee, the policy or po~icies to be F~e~t~ by, an~ paya6~e
lo, said morf~~a~ee, and in the enenl nny sum oj money 6eeomes Pava6le 6y i~irl~ie o( suck Insurance 1he
mortgagee shall hai~e fl~e ri9ht to receive and apply t6e same fo the inde6tpdness l~ereby secured, accounting
fo Ihe morfga~or ~or any surp~us; fo pny a~~ costs, charges, an~ expensps. inc~uc~ing ~awver s fees ant~ iif~e
searchPS, fPOSOflQ~~~y incurre~ or paicr hy f~~e morfgagee because oj !tie ~ai~ure o~ Ihe morignpor fo prompi~y
ancl (u~~v ~-omp~y u~il~~ fhe agreemenls, stipu~afions, conc~ilions an~ covenanis of saitl note uncl 1{~is morlgage.
or eif~~er: fo per~orm, comply u~i11? and a6icle 6y each an~ every l~ie agreements, sfipu~ations, cont~iiions ant~
coi~~n~nis sel forth i?i snid nole and t{~is mo~tgage or either. ln !he event tl~e mortga~or ~ails fo pay u~hen
due nny fax, assessment, insurance premium or ofher sum o) money paya6le 6y i~irtue of saicr nole ancl tl~is
morl~age, or eifher, fhe mort~a~ee may pay itie snme, without u~aiving or a~Jecting f~e oplion to ~orec~ose
or any ofher rin{~t hereundcr, and alI such paymenls shn~l benr intprest ~rom date lhereo~ af the I~ighes! ~au~-
~u~ rale i~~en a~~otvec~ ~y t~~e ~aurs oj 1~~p $tafe oj F~ori~n.
~l any sum of monry herein re~errpcl l0 6e not prompfly paid within thirty days next a~ter
ttie same becomes due, or i~ eacl~ afl~ PUPry ~~P Qg~PP?11P?1I5, siipulations, conditions an~ covenants of said -
note and tF~is morigac~e, or either, are not f ully Qer/ormed, complied with and a6~ded 6y. Ihen the enlire
sum menlionetl in said note, and t{~is morlgage, or the enfire 6a~ance unpai~l thereon, sl~n~~ forthwit{~ or
Ihereajter, at th~ option o) Ihe morlgagep, 6ecome an~ 6e due and payn6le, anqthing in said nole or I~erein
io l~ee conirary nofu~ill~slanding. 1=ailur~ hy ftie morlgagee fo exercise any of the rig~ts or options ~erein
proniclec~ s~a~~ not consfifufe a waii~Pr o~ any ?ig~fs or options unc~er saic~ nole or f~is morfgage aceruec~ or
flierenjter arcruin~.
~n ~itness ~YUhereof~ Ihe said mortgagor {~as I~ereunlo signecl an~ seale~I tF?ese presenis the
~ay anc~ year ~irst ahore u~riffen.
S19RP~, SPa~P~ a dP~11~P~P~ IR ~~P jI~PSPIICQ OJ:
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~ STATE OF FLORIDA,
COUNTY OF ST . LUCIE ~
~ 1 HEREBY CERTIFY that on this day~ before mq an
officer duly authorized in the Stat~ afor~said and in the County aforesaid to tak~ acknowledgm~nts~ Txrsorully appeared
~ MILDRED VARE PEACOCK and 0. L. PEACOCK,her husband,
~ to me known to b~ the penon S dexribtd in and who executcd the foregoinq instrument and they ackno„rledSed
C {.../n~.~ ,,,r .ha? thev ..Pr.~l.r~ thr c~rnr - ~
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~ K'I7:~IESS my hand and official seal in the County and State last aforesaid this ~ day of
~ Decembe= 4. D. f9 G9. '
~ FILEO AND RECORDED' `--~~~~G~~/~
= ST. LUCIE COUNTY, FLA.' •
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: ~,c R7 t~?~ !~p
~ NOTARY PUBLIC, State of Florida
~ _ `t` at Large . , ~
69
~ ' ~EC 16 A~~I I I: Z3 My commission expires ~~~'f,
~ 1s~ , ~ ' "
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~ CLERK CIRCUIT COURT_ ~ • ~
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~ ~ BOOK PACE~U~1
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